Newport Capital Group LLC Cuts Holdings in Vanguard Energy ETF $VDE

Newport Capital Group LLC trimmed its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 54.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,442 shares of the company’s stock after selling 9,986 shares during the period. Vanguard Energy ETF accounts for about 0.5% of Newport Capital Group LLC’s investment portfolio, making the stock its 8th largest position. Newport Capital Group LLC’s holdings in Vanguard Energy ETF were worth $1,063,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. OneDigital Investment Advisors LLC raised its stake in shares of Vanguard Energy ETF by 136.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,806 shares of the company’s stock valued at $982,000 after acquiring an additional 4,500 shares in the last quarter. Argentarii LLC bought a new position in shares of Vanguard Energy ETF in the 4th quarter valued at approximately $628,000. Carnegie Investment Counsel bought a new position in shares of Vanguard Energy ETF in the 4th quarter valued at approximately $563,000. Tudor Investment Corp ET AL raised its stake in shares of Vanguard Energy ETF by 111.9% in the 3rd quarter. Tudor Investment Corp ET AL now owns 29,915 shares of the company’s stock valued at $3,765,000 after acquiring an additional 15,795 shares in the last quarter. Finally, Allen Wealth Management LLC increased its position in Vanguard Energy ETF by 4.4% in the 4th quarter. Allen Wealth Management LLC now owns 100,132 shares of the company’s stock worth $12,609,000 after buying an additional 4,258 shares during the period.

Vanguard Energy ETF Stock Down 0.1%

Shares of NYSEARCA VDE opened at $160.72 on Friday. The business’s 50 day moving average is $165.60 and its two-hundred day moving average is $148.08. The company has a market cap of $10.06 billion, a P/E ratio of 14.10 and a beta of 0.45. Vanguard Energy ETF has a 12 month low of $113.23 and a 12 month high of $179.34.

About Vanguard Energy ETF

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.